A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.
Shiba Inu, a prominent memecoin has recently caught the attention of the cryptocurrency community due to a significant surge in burn rates, marking a 6,000% increase, according to the Shibburn wallet tracker. This surge indicates a deliberate effort to lock away a substantial amount of SHIB tokens, potentially impacting its
January 18, 2024 2 mins read
Manta Network, a prominent multi-modular ecosystem designed for zero-knowledge (ZK) applications stands at the forefront of innovation in the crypto space by introducing two networks that redefine the landscape. The first of its kind, Manta Pacific, establishes itself as a distinctive Layer 2 (L2) ecosystem operating on the Ethereum platform.
January 18, 2024 4 mins read
Chainlink, a prominent blockchain is the talk of the crypto town currently as Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has successfully integrated Circle’s Cross-Chain Transfer Protocol (CCTP). It facilitates the effortless transfer of USDC across various blockchain networks. The chainlink mentioned that this strategic partnership aims to empower developers to build
January 17, 2024 2 mins read
In a recent update, Bitgert Token (BRISE) has experienced a significant reduction in its circulating supply following the elimination of tax fees on its Binance Smart Chain (BSC) decentralized exchange (DEX) trading. Over the past 12 days, the newly implemented permanent lock token burn mechanism has successfully removed 134 billion
January 17, 2024 1 min read
In a pivotal legal showdown, Coinbase is set to present its case against the U.S. Securities and Exchange Commission (SEC) in a federal courtroom, challenging allegations that its business model involves trading unregistered securities. The hearing, scheduled for four hours before Judge Katherine Polk Failla of the U.S. District Court
January 17, 2024 2 mins read
In the ever-evolving landscape of Web3, the DePIN, or Decentralized Physical Infrastructure Network, has emerged as a game-changer, offering decentralization, user ownership, and data sovereignty to various industries. As traditional crypto exchanges faced great challenges last year, the spotlight shifted to DePINs, holding the potential to rebuild public trust in
January 16, 2024 3 mins read
A recent X space hosted by Cathie Wood, the CEO of ARK Invest had technology luminary Elon Musk, the CEO of Tesla and SpaceX as one of the speakers. Musk, known for his outspokenness on various topics, provided insights into his perspective on the leading cryptocurrency, Bitcoin during the discussion
January 16, 2024 2 mins read
In a surprising turn of events, Vanguard, the $7.7 trillion asset management giant, has announced that it will not be participating in the newly approved Spot Bitcoin ETFs, diverging from the trend set by other major firms. The decision comes on the heels of the US Securities and Exchange Commission’s
January 12, 2024 2 mins read
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has given the green light to the country’s first regulated spot Bitcoin exchange-traded funds (ETFs). The approval, granted just a day after a false announcement briefly sent markets into disarray, marks the end of a challenging decade-long journey for
January 11, 2024 2 mins read
Bitcoin soared past $45,000, reaching heights of $47,000, marking an unprecedented climb since April ’22. This surge is undeniably fueled by growing speculation around a potential Securities and Exchange Commission (SEC) approval of the first spot BTC exchange-traded fund (ETF). Analysts from Bloomberg Intelligence cite a staggering 95% likelihood of
January 9, 2024 2 mins read